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...example, now exports more to China than it does to the United States. But developing nations have been anything but safe havens in the recent turmoil, indicating that the decoupling theory will now be tested with a vengeance. "There's no question the slump in the US will have hurt [Asia's] exports," says Shanghai-based economist Andy Xie. Morgan Stanley's Roach believes decoupling is "one of those nice theories you hear at the top of market bubbles." The fact is, Roach argues, "that Asian consumers are too small to make up for the void created by U.S. consumption...

Author: /time Magazine | Title: World Markets Catch a US Cold | 1/23/2008 | See Source »

...himself. As a Democrat-leaning independent, I was willing to overlook Romney's Republican ways because of what he accomplished in private business, with the Utah Olympics and as governor of Massachusetts. An awareness of his father's untarnished reputation while governor in my home state also didn't hurt. But his seesawing pegs him as a politician desperate for any and all votes. He's trying to be what most marketers learned long ago doesn't exist: a product that satisfies all the people all the time. Romney would be better off expressing his convictions and having people...

Author: /time Magazine | Title: What She Left Behind | 1/23/2008 | See Source »

...doozy. Forget all the talk about the "decoupling" of emerging economies, the theory that countries like China and India are no longer dependent upon U.S. trade and can continue to power strong global growth even as the U.S. staggers. "There's no question the slump in the U.S. will hurt [Asia's] exports badly," says Shanghai-based independent economist Andy Xie. Indeed, demand for such diverse goods as iron ore mined in Australia and toys manufactured in China is already slowing, because for the first time in a decade the "key driver of the U.S. economy, the consumer, seems...

Author: /time Magazine | Title: Decoupling Debunked | 1/23/2008 | See Source »

...done for months, but it is likely that some of those injuries happened during the evacuation - not the initial crash. Even in controlled drills, accidents are common. When the new, supersized Airbus A380 underwent mandatory evacuation tests in 2006, 33 of the 873 evacuating volunteers got hurt. One suffered a broken leg, and the remaining 32 received slide burns. And that was considered a success...

Author: /time Magazine | Title: How to Escape Down an Airplane Slide | 1/23/2008 | See Source »

...closing days before the primary. The Huckabee campaign had no solution for Thompson, who barely polled within striking distance of second place and was seen by some as a foil for McCain, with whom he is friends. "Fred Thompson, John McCain's lapdog, came down here and definitely hurt the Huckabee vote, no doubt about that," said former South Carolina Gov. David Beasley, who chaired the Huckabee campaign here, after the loss...

Author: /time Magazine | Title: Fred and Michigan Leave Huck Hurting | 1/20/2008 | See Source »

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